Spokane is the 90th largest multifamily market with 37,028 completed units and 10,612 units in development, 2,897 of which have already broken ground, as of September 2022.
Spokane Multifamily Market Summary – September 2022
New lease asking rents are at $1,373, up 5.4%▲
from the previous year placing Spokane at 115th
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – August 2022
New lease asking rents are at $1,379, up 6.7%▲
from the previous year placing Spokane at 111th
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – July 2022
New lease asking rents are at $1,378, up 10.3%▲
from the previous year placing Spokane at 78th
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – June 2022
New lease asking rents are at $1,379, up 12.8%▲
from the previous year placing Spokane at 54th
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – May 2022
New lease asking rents are at $1,367, up 14.8%▲
from the previous year placing Spokane at 35th
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – April 2022
New lease asking rents are at $1,352, up 18.1%▲
from the previous year placing Spokane at 17th
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – March 2022
New lease asking rents are at $1,303, up 16%▲
from the previous year placing Spokane at 33rd
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – February 2022
New lease asking rents are at $1,285, up 16.5%▲
from the previous year placing Spokane at 32nd
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – January 2022
New lease asking rents are at $1,281, up 17.5%▲
from the previous year placing Spokane at 26th
overall in year-over-year rent growth.
Spokane Multifamily Market Summary – December 2021
New lease asking rents are at $1,281, up 18.3%▲
from the previous year placing Spokane at 13th
overall in year-over-year rent growth.
